Self-Study
Surging Auditors: Wally's Warehouse
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Monday, May 1, 2023 – Tuesday, April 30, 2024
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1.00CREDITSAuditing
During this interactive game, participants take the role of an auditor performing a physical inventory observation at a client's warehouse. Participants will have the opportunity to use their powers of observation and exercise professional skepticism in identifying areas of risk that might need follow-up, interviewing Wally the client, and performing inventory test counts. After performing the test counts, participants will evaluate the results.
Objectives
- Use your powers of observations and exercise professional skepticism to identify issues related to the physical inventory observation
- Identify high value questions to ask the client prior to performing the test counts
- Perform procedures to test the existence, completeness, and accuracy of the physical inventory count
- <span data-contrast="auto" xml:lang="EN-US">Evaluate the results obtained from the test counts performed
Highlights
- Observation and professional skepticism
- Interviewing the client
- Performing test counts
- Evaluating the results obtained